NEWS & ADVICE : EDUCATION LOANS
Microfinance-another sector to create employment
By Neelima Shankar
May 15, 2012
Print    Email    RSS   

Rising number of young potential moving out of Uttarakhand owing to lack of job opportunities is becoming an increasing concern these days. Ms. Indira Hridayesh, the finance minister for Uttarakhand raised her concerns on this issue recently. She believed that banks in the state should use microfinance to create job opportunities.

The minister's concerns came during the meeting of State Level Bankers Committee (SLBC). The minister stated, "Banks in Uttarakhand can stop migration from hills and create job opportunities for youths".

Ms. Hridayesh was also worried about the low credit deposit ratio (CDR) particularly in the cities of Haridwar and Dehra Dun. She urged the banks for the development of clusters of microfinance and providing guarantee free loans to the people.

The chief secretary of the state, Mr. Alok Jain, asked the banks for deeper penetration of Kisan Credit Cards to the farmers.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Carnival of Indian Personal Finance Blogs #6
This is how a bank lends money
Carnival of Indian Personal Finance Blogs #2
Know your Education Loan better
Complete Guide to NRI Education loan


Pcmc Call Girls O96578O2364 (=) O89568636OO...
Loan a/c number 64034700938 show my balance SBM
Yo Yo @~09780560514~@ Call GiRl In ludhiana EsCoRts...
i want check balance for internet
i want eduaction loan for ias coaching.i am an...

NEWS THIS WEEK
SBI bank to announce the clerk exam result shortly Oct 21, 2014
Financial Literacy camp by RBI Oct 20, 2014
BOM bank recruiting for the post of CS Oct 17, 2014
IOB bank hiring for various post Oct 16, 2014
Open house meets conducted by SBT bank Oct 15, 2014
News Archive